Report Update Nov 1, 2024

Iran - Greasy Wool - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Greasy Wool Market 2024

Greasy Wool Market Size in Iran

The Iranian greasy wool market dropped to $X in 2022, shrinking by -6.8% against the previous year. Overall, consumption, however, recorded a slight downturn. Greasy wool consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Greasy Wool Production in Iran

In value terms, greasy wool production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by 31% against the previous year. Greasy wool production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Greasy Wool Exports

Exports from Iran

In 2022, overseas shipments of greasy wool decreased by -55.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 143% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, greasy wool exports reduced notably to $X in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 39%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for greasy wool exports from Iran, with a 74% share of total exports. Moreover, greasy wool exports to India exceeded the volume sent to the second major destination, Pakistan (X tons), fourfold. Turkey (X tons) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (-1.7% per year) and Turkey (-17.0% per year).

In value terms, Turkey ($X), India ($X) and Pakistan ($X) appeared to be the largest markets for greasy wool exported from Iran worldwide, together comprising 97% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average greasy wool export price stood at $X per ton in 2022, jumping by 79% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.

Greasy Wool Imports

Imports into Iran

In 2022, supplies from abroad of greasy wool was finally on the rise to reach X tons after two years of decline. In general, imports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2016 when imports increased by 419%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, greasy wool imports soared to $X in 2022. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2016 when imports increased by 682% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, New Zealand (X tons) was the main greasy wool supplier to Iran, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from New Zealand stood at +1.9%.

In value terms, New Zealand ($X) constituted the largest supplier of greasy wool to Iran.

From 2012 to 2022, the average annual growth rate of value from New Zealand stood at -7.2%.

Import Prices by Country

The average greasy wool import price stood at $X per ton in 2022, falling by -46.1% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -8.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for greasy wool in the world?

The country with the largest volume of greasy wool consumption was China, accounting for 33% of total volume. Moreover, greasy wool consumption in China exceeded the figures recorded by the second-largest consumer, New Zealand, fivefold. The third position in this ranking was occupied by India, with a 6% share.

What are the largest producers of greasy wool in the world?

The countries with the highest volumes of greasy wool production in 2021 were China, Australia and New Zealand, together accounting for 42% of global production. These countries were followed by Turkey, the UK, Morocco, Iran, Russia, South Africa, India, Pakistan, Argentina and Turkmenistan, which together accounted for a further 28%.

What are the leading suppliers of greasy wool to Iran?

In value terms, New Zealand constituted the largest supplier of greasy wool to Iran, comprising 69% of total imports. The second position in the ranking was occupied by Turkey, with a 31% share of total imports.

What are the leading importers of greasy wool from Iran?

In value terms, India, Afghanistan and Turkey appeared to be the largest markets for greasy wool exported from Iran worldwide, with a combined 82% share of total exports.

What is the average export price for greasy wool in Iran?

In 2021, the average greasy wool export price amounted to $647 per ton, reducing by -21.8% against the previous year.

What is the average import price for greasy wool in Iran?

The average greasy wool import price stood at $2,960 per ton in 2020, waning by -32.4% against the previous year.

This report provides an in-depth analysis of the greasy wool market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 987 - Wool, Greasy

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023